It’s Time To Be Looking at Year-End Tax Planning

By Jordon Rosen, CPA, MST, AEP® It’s never too early to think about tax planning and with new rules in force for 2018 (Tax Cuts and Jobs Act, the “Act,” or “TCJA”), NOW is a good time. Below are a few key provisions of the Act with related planning tips. Keep in mind that most individual provisions are temporary and … Continued

South Dakota v. Wayfair

Prior to a recent U.S. Supreme Court ruling, the standard to determine “substantial nexus” for sales tax purposes was based on “physical presence” as provided in Quill v. North Dakota.

2018 Tax Cuts and Jobs Act – Other Business Provisions

Posted by Valerie Middlebrooks, CPA NOL Deduction – Under the old law NOL utilization was not subject to limitations based on taxable income.  Under the new law NOL utilization will be limited to 80% of taxable income.  Also under old law NOL’s could be carried back 2 years and forward for 20 years.  Under the new law NOL’s can no … Continued

The Tax Cuts and Jobs Act: Mid-Year Update

The Tax Cuts and Jobs Act (TCJA) has altered the tax landscape for a lot of individuals and businesses. The changes are extensive and we wanted to provide a high-level overview of some of the features to keep you informed.